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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Comment by 4Justiceon Aug 11, 2020 11:24am
144 Views
Post# 31392804

RE:Still have 80 or so days of cash

RE:Still have 80 or so days of cashToday they have $10 in cash and the SALP credit margin of $29 millions. They burn $7 milluons a month and you need about minimum 2 months to settel afinancial whatever it is. They have a very bumpy runway in front

As a succes the CFO compare the net loss Q2 2020 ($29M) with the Q2 2019 ($136 M). With this great management the daved the company !!!!

They also mention their eonderful acquisition wtich is only a dissguised dinancing and fift to the founder shareolder... Ken Galbraith the CEO if Liminal. What a trasparency.
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